4. Antony's Pizza uses the same dough, sauce, and cheese for pizza and calzones. When the price of pizza is low Antony produces more calzones. For Antony, with respect to price, supply of pizza is ________ compared to supply at a pizza restaurant that does not serve calzones. A. unitary elastic B. lower quality C. more unpredictable D. more elastic E. more inelastic 5. The company that owns all of the vending machines on your campus has doubled the price of a can of soda. They notice that they are selling approximately 25% fewer sodas. Price elasticity of demand for sodas from the campus vending machines is A. Elastic B. Zero C. Inelastic D. Infinite E. Unitary elastic 6. The following data represents the production values for two goods, M and N, i.e., (M,N): (10,0); (9,2); ( 8,4); (7,3); (6,6). This data is A. consistent with a convex production possibilities curve. B. consistent with a concave production possibilities curve. C. possibly consistent with a production possibilities curve.

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